1. CANADA’S NEXT
INTERMEDIATE
GOLD PRODUCER
Corporate Presentation
January 16, 2013
1

2. Forward Looking Information
This presentation contains certain forward-looking information as defined in applicable securities laws (referred to herein as
“forward-looking statements”). Specifically, this presentation contains forward-looking statements regarding the reserve and
resource estimates, ore grade, expected mine life, anticipated gold production, gold recovery, cash operating costs and other
costs, capital costs, sensitivity to metal prices and other sensitivities, financial analysis of the project, commencement of
operations, potential expansion opportunities, and plans for organic growth. Forward-looking statements involve known and
unknown risks, uncertainties and other factors which are beyond Detour Gold’s ability to predict or control and may cause
Detour Gold’s actual results, performance or achievements to be materially different from any of its future results, performance
or achievements expressed or implied by forward-looking statements. These risks, uncertainties and other factors include, but
are not limited to, gold price volatility, changes in debt and equity markets, the uncertainties involved in interpreting geological
data, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and
exchange rate fluctuations, general economic conditions and other risks involved in the gold exploration and development
industry, as well as those risk factors discussed in the section entitled “Description of Business - Risk Factors” in Detour Gold’s
2011 AIF and in the continuous disclosure documents filed by Detour Gold on and available on SEDAR at www.sedar.com.
Such forward-looking statements are also based on a number of assumptions which may prove to be incorrect, including, but
not limited to, assumptions about the following: the supply and demand for gold, and the level and volatility of the price of gold;
the availability of financing for exploration and development activities; the estimated timeline for the development of the Detour
Lake gold project; the expected mine life; anticipated gold production; gold recovery; the development schedule; cash
operating costs and other costs; the financial analysis for the project; capital costs; sensitivity to metal prices and other
sensitivities; the accuracy of reserve and resource estimates and the assumptions on which the reserve and resource
estimates are based; the receipt of necessary permits; market competition; ongoing relations with employees and impacted
communities; and general business and economic conditions. Accordingly, readers should not place undue reliance on
forward-looking statements. The forward-looking statements contained herein are made as of the date hereof, or such other
date or dates specified in such statements. Detour Gold undertakes no obligation to update publicly or otherwise revise any
forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as
may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn
that it will make additional updates with respect to those or other forward-looking statements.
2

3. NI-43 101 Disclosure
Information Containing Estimates of Mineral Reserves and Resources
The mineral reserve and resource estimates reported in this presentation were prepared in accordance with Canadian
National Instrument 43-101Standards of Disclosure for Mineral Projects (“NI 43-101”), as required by Canadian securities
regulatory authorities. For United States reporting purposes, the United States Securities and Exchange Commission (“SEC”)
applies different standards in order to classify mineralization as a reserve. In particular, while the terms “measured,” “indicated”
and “inferred” mineral resources are required pursuant to NI 43-101, the SEC does not recognize such terms. Canadian
standards differ significantly from the requirements of the SEC. Investors are cautioned not to assume that any part or all of
the mineral deposits in these categories constitute or will ever be converted into reserves. In addition, “inferred” mineral
resources have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal
feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category.
Under Canadian securities laws, issuers must not make any disclosure of results of an economic analysis that includes
inferred mineral resources, except in rare cases.
On September 4, 2012, Detour Gold announced an updated mine production plan for the Detour Lake project. The NI 43-101
compliant Technical Report for this update was filed on SEDAR on October 18, 2012. The following QPs participated in this
update: BBA Inc., under the direction of André Allaire, Eng., Vice-President, Markets – Mining and Metals and Patrice Live,
Eng., Mining Manager; SGS Canada Inc., under the direction of Michel Dagbert, Eng., Senior Geostatistician and Maxime
Dupéré, P.Geo., Senior Geologist; and AMEC Environment & Infrastructure, a Division of AMEC Americas Limited, David G.
Ritchie M.Eng., P.Eng, Senior Associate Geotechnical Engineer.
3

4. Invest in Detour Gold
Our Vision
 Focus on a world-class asset – Detour Lake
 Canada’s largest pure gold play with 15.6 M oz in reserves
 Gold processing initiated in January 2013
 One of the best cash flow/share opportunities
 Average annual gold production of 657,000 oz
 Excellent organic growth potential (5 year plan)
 Potential expansion of mill throughput
4

5. Share Capital
OPTIONS & FN SHARE
COMMITMENTS
ISSUED AND 8.9 M
OUTSTANDING
FULLY DILUTED CONVERTIBLE
117.6M 139.5 M NOTES
13.0 M
 Market cap: C$2.8 billion
 Cash position: C$236 million
 Major shareholders:
 Paulson & Co. 15%
 Carmignac Gestion 5%
 Detour Gold Mgmt <2%
 Institutions total >90%
Note: Cash position and share data at December 31, 2012. An additional 0.3 M
shares were issued in January 2013 following partial exercise of the over-
allotment option.
5

6. Share Capital
1000%
Share Issuance vs. Performance
900%
800% 580% total DGC DGC
08/11 01/12 DGC
return since IPO
Jan. 2007 to Present Total Return
700% 11/12
DGC
600% 07/10
500%
DGC
04/08
400%
Randgold
DGC
300% 11/09
DGC
200%
07/09
AGI Eldorado Osisko
Buenaventura
100% (239%)
Aurizon Yamana Newcrest
IMG
NEM G
IPO ABX AEM
0% Anglo Gold Ashanti Hecla AuRico
CG Goldfields Kinross Great Basin
GSC Gabriel Eco Oro (209%)
Andina
-100%
0 50 100 150 200
Jan. 2007 to Present % Change in Shares Outstanding
Source: BMO, Nov. 2012
Note: Date of DGC equity financings
6

7. Successful Focused Approach
Record Timing from “Discovery” to Projected Production
Detour Lake in 6 years
2007 2009 2010 2011-12 2013
PRODUCTION
2013
ACQUISITION PRE-FEASIBILITY FEASIBILITY DEVELOPMENT PRODUCTION
/DISCOVERY STUDY STUDY &
PERMITTING
7

8. 2013 Objectives
H1 2013
 First gold pour
 Commissioning of second production line
 Securing $90 million credit facility
 20,000 m drilling program targeting high-grade gold mineralization
H2 2013
 Declaring commercial production
 Gold production target of +350,000 ounces for the year
 Completing pre-feasibility study on Block A
 Advancing evaluation of mine expansion scenarios
 Revising block model for Detour Lake
8

9. Detour Lake Profile
September 2012
Detour Lake Mine Plan(1)
Open pit Production Start Q1 2013
@ 0.5 g/t cut-off 20,600E OP Reserves (M oz) 15.6
Mill throughput (tpd) 55,000
Strip Ratio (waste:ore) 3.7
Gold recoveries 91%
16,500E
Average grade (g/t) 1.03
Estimated mine life (yrs) 21.5
700 m 1.0 g/t Au Avg. Production (oz/yr) 657,000
0.5 - 1.0 g/t Au Cash operating costs (C$/oz) $710
<0.5 g/t Au
Total cash costs (C$/oz) $749
Initial Capex (C$ B)(2) 1.45
(1) Gold price assumptions: US$1,600/oz for 2013, US$1,500/oz for 2014, and US$1,400/oz for 2015.
(2) Revised to approx. C$1.5 B in news release dated November 8, 2012.
9

10. Updated LOM Gold Production
Gold Production (‘000 oz) Grade (g/t Au)
800 1.6
Avg. 657,000 oz/yr
700 1.4
600 1.2
500 1.0
400 0.8
300 0.6
200 0.4
100 0.2
0 0
10

11. Updated LOM Operating Costs
Breakdown of 2013-14 TCC
Operating Costs (LOM) C$/t milled C$/t mined C$/oz
Mining costs 11.65 2.49 388
LABOUR
Processing cost 7.83 -- 260 18% POWER
G&A 1.86 -- 62
12%
DIESEL
Cash operating costs 21.34 -- 710 MAINTENANCE 8%
Royalty (2%) and other 1.26 -- 42 22% G&A
Refining 0.12 -- 4
5%
Silver credit (0.20) -- (7) CONSUMABLES ROYALTY+
OTHER
Total cash costs (TCC) 22.52 -- 749 29% (2% NSR)
6%
A 10% change in:
Diesel or power costs = $9/oz change in TCC
Cdn$ FX rate = $63/oz in TCC
11

12. Financial Analysis
Base Case Assumptions
 Gold - US$1,200/oz (1)  Power Cdn $0.065/kwh
 F/X - $Cdn/$US = 1.00  Diesel US$100/barrel (WTI)
Base Case (1)
US$ Billions Undiscounted (0%) 5.0%
Pre-tax cash flow 4.3 1.7
Net cash flow after tax 3.0 1.1
Pre-tax IRR 14.4%
1. Gold price US$1,600/oz for 2013, US$1,500/oz for 2014, and US$1,400/oz for 2015.
@ US$1,600/oz 12-12-23
US$ Billions Undiscounted (0%) 5.0%
Pre-tax cash flow 9.4 4.4
Net cash flow after tax 6.6 3.0
Pre-tax IRR 24.6%
12
49

13. DETOUR LAKE MINE
START UP
13

14. 2013 Forecast
Guidance
 350,000 oz to 400,000 oz of gold
 Total cash costs between C$800/oz and C$900/oz (on
commercial production of 200,000 oz to 250,000 oz sold)
 Estimated LOM sustaining capital of C$1.2 B:
 2013 = C$180 M (<$80 M in H1)
 2014 = C$140 M
14

15. Mining Production
Status
2012 Pre-Stripping
(Year-end 2012)
Overburden/Till 15.1 Mt
Waste 7.7 Mt
Low Grade (0.3-0.5 g/t) 1.1 Mt
Ore 2.2 Mt
Total 26.1 Mt
 2.2 Mt ore inventory on ROMs and short-term stockpiles (reconciled
average grade of approx. 0.7 g/t) (till dilution on first bench)
 Average mining rates of +115,000 tpd in December 2012
 Mining operation on 24 hrs/day, 365 days/yr
15

16. Mining Production
NORTH WASTE
MINERALIZED DUMP PLANT SITE
ZONE
CAMPBELL
PIT
CURRENT
PIT SHAPE APPROX. PIT SHELL
AT END OF LOM
Satellite image dated July 2012
16

17. Detour Lake Open Pit Mine
12-10-22
17

18. DETOUR LAKE
18
SITE

19. Overview Detour Lake Facilities
SECONDARY
CRUSHERS
STOCKPILE
RECLAIM
GEODESIC
DOME
PRIMARY
CRUSHER
12-10-22
19

20. Primary Crusher (100,000 tpd capacity)
12-10-02 Gyro is
9 m high
35 m
to surface
20

21. Stockpile Reclaim (2 days capacity)
12-12-02
12-12-23
12-12-23
21

22. Processing Plant
 Conventional gravity and CIP plant
 55,000 tpd (=92% availability of 60,000 tpd capacity)
 2 parallel lines (each with 1 secondary cone crusher + 1 SAG & 1 ball mill)
 Estimated gravity recovery: 30-40%
 Estimated overall gold recovery: 91.0%
 Leach time 29 hours; leach feed size 80% passing 95 μm
12-12-23
22

23. Simple Process Plant @ 92% Availability
Stockpile
Gyratory 12 h live capacity
crusher:
60” x 113”
90,000 tpd
Secondary crushers:
2 X XL-1100 Ball mills:
SAG mills: 2 X 26’ x 40’6’’, 15MW
67,000 tpd
2 X 36’ x 20’, 15MW 55,000 tpd
Pebble crushers:
55,000 tpd
2 X XL-1100
To
73,000 tpd leaching
circuit
To
gravity
circuit
Circ. load
Circ. load From
28 %
Leach circuit: 250 % gravity
circuit
 55,000 tpd + 15% contingency in piping capacity
23

24. Tailings Management Area (TMA)
12-10-22
24

25. DGC Employees: Hiring Local First
On track with ramp up schedule: 423 employees at December 31, 2012*
DIVISION OF LABOUR WORKFORCE ORIGIN
COCHRANE
FRONT LINE AREA COCHRANE
81% 26% 25%
REST OF
PROFESSIONAL ONTARIO
NORTHERN
19% ONTARIO 3%
43% OTHER
2%
 Professional are: MGMT, Eng., Geo., Supt.
 Front Line are: Operators, Admin, Support
 Continuing focus on hiring local/regional * Excludes Corporate office.
 25% of employees are Aboriginal
25

26. PLANNING FOR
26
ORGANIC GROWTH
Under-Explored Greenstone Belt

27. Planning for Organic Growth
5 Year Plan for Successful Organic Growth
Large prospective land position of approx. 566 km2
• Two main gold structures with total strike length of >80km
• Continue focus on Detour Lake deposit extension (northern
structure i.e. Block A)
• Test targets on structure south of Detour Lake
Future objectives
 Grow reserve base to +20 M oz (@ US$850/oz)
 Increase mill throughput to above 75,000 tpd for gold production
output of +800,000 oz/yr
 Find high-grade ore near-surface within trucking distance to
supplement mill
27

28. Successful Growth of Resources
Resource Growth Exceeding 750% Since IPO
Date Accumulative Resources/Reserves (M oz)
DGC Drilling Inferred M&I 2P
10M 20M 30M
2005-05 Estimated by Pelangio
2006-09 DGC due diligence
2007-12 50,000m
2008-06 123,000m
2009-09 249,000m 8.8
2010-06 334,000m $850/oz 11.4
2011-01 430,000m $850/oz 14.9
2012-01 523,000m $850/oz 15.6
28

29. Priority #1 – Block A Target
Block A
Pre-feasibility
 Block A pre-feasibility study by year-end 2013
 Evaluate potential expansion options
*Not updated with TWD Dec. 30th PR. On Dec. 1, 2011, Detour Gold announced the acquisition of TWD.
29

30. Priority #1 – Block A Target
Block A near-surface resource
2012 DH
2012 extension DH Detour Lake
DH included in 2011 year-end 2011 year-end reserves = 15.6 M oz
reserves
DH not included in 2011 year-end
reserves
Historical DH
30

31. Priority #2 – South Structure
15.6 M oz in Reserves
20,000 m
in 2013
MMI Survey Coverage
MMI Au Anomaly
Existing DDH
Gold occurrence (OGS)
DDH intersection >1g/2m
DDH intersection >1g/10m
*Note: Excludes drilling around Detour Lake and M zone (Block A).
31

32. Invest in Detour Gold
Our Vision
 Focus on a world-class asset – Detour Lake
 Canada’s largest pure gold play with 15.6 M oz in reserves
 Gold processing initiated in January 2013
 One of the best cash flow/share opportunities
 Average annual gold production of 657,000 oz
 Excellent organic growth potential (5 year plan)
 Potential expansion of mill throughput
32

33. ADDITIONAL
INFORMATION
33

34. Detour Lake Profile
January 2011 September 2012
Detour Lake
Update (2) Mine Plan(3)
Gold price (US$/oz) (1) 850 1,200
Foreign exchange rate (US$/Cdn$) 1.10 1.00
Assumptions Fuel price (US$/barrel) 80 100
Income/mining tax rate (%) 25/10 25/10
Net Smelter Royalty (%) 2 2
Ore milled (Mt) 449.6 470.0
Waste mined (Mt) (4) 1,654 1,734
Mine Strip ratio (waste:ore) 3.9 3.7
Parameters Average gold grade (g/t) 1.03 1.03
Total contained gold (M oz) 14.9 15.6
Estimated gold recovery (%) 91.0 91.0
Total recovered gold (M oz) 13.5 14.1
Mine life (years) 21 21.5
Average annual gold production (oz) 657,000 657,000
1. US$1,600/oz for 2013, US$1,500/oz for 2014, and US$1,400/oz for 2015.
2. Press release Jan. 31, 2011 with Technical Report dated Mar. 15, 2011.
3. Press release Sept. 4, 2012 with Technical Report dated Oct. 18, 2012.
4. Includes low-grade stockpile.
34

35. Gold Production/Cost Profile
Gold Production (‘000 oz) Total Cash Costs (C$/oz)
800 Avg. C$749/oz 900
700 850
600 800
500 750
400 700
300 650
200 600
100 550
0 500
Note: Excludes stripping adjustments.
35

36. Detour Lake Reserves & Resources
As at December 31, 2011
Tonnes Grade Contained Gold
@ US$850/oz
(millions) (g/t) (‘000 oz)
Reserves (1)
Proven 101.6 1.29 4,222
Probable 368.4 0.96 11,351
P&P 470.0 1.03 15,573
Resources (2)
Measured 124.5 1.36 5,424
Indicated 554.3 1.00 17,836
M&I 678.8 1.07 23,261
Inferred 208.5 0.86 5,785
1. After a 95% mining recovery rate; Mining dilution factor of 15.5%.
2. Inclusive of mineral reserves.
36

37. Block Model – Gold Distribution
Approx. 3 M oz between 0.3-0.5 g/t Au
1,600
Stockpile over LOM OK (oz Au)
0.3-0.5 g/t material ID3 (oz Au)
1,400
1,200
Ounces (000’s)
1,000
800
600
400
200
0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 3.0
Cut-off BINs
37

38. Grade Control
DDH RC G/C
Bench
6264m
DDH RC G/C
Bench
6252m
38

39. Management & Directors
Management
 Gerald Panneton  Pat Donovan  Andrew Croal
Founder, President & CEO VP Corporate Development Director Technical Services
Director  James Mavor  Laurie Gaborit
 Michael Kenyon VP Finance Director Investor Relations
Executive Chairman  Rachel Pineault  Jean-Francois Metail
 Paul Martin VP HR & Northern Affairs Director Reserves and Resources
CFO  James Robertson  Greg Miazga
 Pierre Beaudoin VP Environment & Director Construction & Engineering
Sr VP Capital Projects Sustainability
 Bill Snelling
 Derek Teevan  Eric Josipovic Director Corporate Systems & Controls
Sr VP External & Controller
 Christian Brousseau
Aboriginal Affairs  Drew Anwyll Project Manager
 Julie Galloway Director of Operations
Sr VP General Counsel &  Patrik Gillerstedt
Corporate Secretary Mine Manager
Directors
 Peter Crossgrove  Michael Kenyon  Jonathan Rubenstein
 Louis Dionne  Alex G. Morrison  Graham Wozniak
 Robert E. Doyle  Gerald Panneton
 Ingrid Hibbard
39

40. Contact Information
Gerald Panneton
President & CEO
Email: gpanneton@detourgold.com
Phone: 416.304.0800
Laurie Gaborit
Director Investor Relations
Email: lgaborit@detourgold.com
Phone: 416.304.0800
www.detourgold.com
40